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Sun blames quarterly loss on restructuring fees

But despite loss, Sun reports strong revenue

By Ben Ames, IDG News Service, 07/31/06

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July 31, 2006—Sun Microsystems has posted a loss of 01 million for the fourth quarter, blaming restructuring costs from a tumultuous period of layoffs and plant closings.

Sun, of Santa Clara, California, listed a loss of body.09 per share, down from earnings of body.01 per share and profit of 0 million in the same period a year ago. The result fell below a forecast of body.03 loss per share for the quarter, which ended June 30, according to analysts polled by Thomson Financial.


The IDG News Service is a Network World affiliate.

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